Enterprise Hungary is organizing the first Startup Campus Regional University Idea Battle in professional collaboration with Hiventures. The unique program connects universities, market participants and investors with students from 10 European countries. The winning startup idea can receive an investment offer of up to 500.000 euro.
The aim of the initiative is to discover new, innovative ideas, to encourage entrepreneurship, to foster the emergence of innovative ideas from the university and to promote regional cooperation. Startup Campus University also aims to provide closer collaboration between large companies, universities and investors.
“One of the keys to economic competitiveness is the extent to which we can exploit the innovations of national and regional universities and students and how we can market these ideas. At present, all the conditions for launching a successful business are available, there is nothing left to to than to make these ideas discoverable,” said Zsolt Kovács, Managing Director of Enterprise Hungary.
In addition to Hungarians, students from the following countries can apply for the competition: Croatia, Austria, Romania, Ukraine, Slovenia, Slovakia, Czech Republic, Poland, Serbia.
Following the online application period, 16 student teams selected by the professional jury will take part in a two-day training (bootcamp) in Budapest, where they can build on their business strategy and prepare for pre-investor trainings with professional mentors. The best 8 teams from the bootcamp will be chosen to proceed to the finals in Vienna.
The 8 finalist teams will get one step closer to attaining the Hiventures’ €30.000 incubation investment offer, following the training session. The winning team will have the chance to receive an investment of up to €500.000 by the jury of international investors. The final will take place on 24-25 May 2018, as part of the Pioneers startup event in Vienna. The official language of the program is English.
Patron of the Startup Campus University Program is József Pálinkás, president of the National Research, Development and Innovation Office Hungary.
Application deadline: March 31, 2018
Partners: Pioneers, Hiventures, EH Invest, Zyntern, Incube, National Research, Development and Innovation Office Hungary.